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OTHER ASSETS
 6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]    
OTHER ASSETS

NOTE 4 – OTHER ASSETS

 

 

 

                 
Consumables and spare parts (i)   $ 412,971     $ 296,611  
Operational Advance in Indonesian Rupiah     301,998       138,416  
Prepaid taxes     288,007       154,736  
Prepaid to Vendor     246,882       -  
Prepaid Business Insurance     90,377       21,597  
Others     57,965       94,576  
Other assets –current   $ 1,398,200     $ 705,936  
                 
Durable spare parts (i)   $ 350,668     $ 328,006  
Deposit and others     316,314       254,608  
Other assets –non current   $ 666,982     $ 582,614  

 

(i) The balances include durable spare parts, consumable chemicals and replacement parts. Where there is evidence that the utility of these assets, in their disposal in the ordinary course of business, will be less than cost due to physical deterioration, obsolescence, changes in price levels, or other causes, these assets are written down to their net realizable value. For the six months ended June 30, 2021 and 2020, there were no other assets write-downs.

 

 

NOTE 5 – OTHER ASSETS

 

   2020   2019 
   As of December 31, 
   2020   2019 
Consumables and spare parts  $296,611   $248,367 
Prepaid taxes   154,736    75,534 
Prepaid expenses and advances   254,589    94,683 
Other assets -current  $705,936   $418,584 
           
Durable spare parts  $328,006   $249,588 
Deposit and others   254,608    262,517 
Other assets –non current  $582,614   $512,105